According to the EIA, utility-scale battery storage capacity in the U.S. exceeded 26 gigawatts (GW) in 2024, with 10.4 GW added last year alone. Despite this growth, battery storage still accounts for just 2% of the country’s total 1,230 GW of utility-scale electricity capacity. Looking ahead, 2025 is expected to see even faster growth, with…
The California ISO’s draft 2024-2025 Transmission Plan proposes 31 projects costing $4.8 billion to improve grid reliability and support clean energy growth. Most projects focus on handling increased electricity demand and integrating over 50 GW of renewable energy, including solar, wind, geothermal, and storage. With 28 of the 31 projects needed to strengthen reliability, the…
The U.S. Department of Energy (DOE) approved a second $56.8 million disbursement to Holtec for restarting the Palisades Nuclear Plant in Michigan, part of a $1.52 billion loan guarantee. The plant, set to be the first restarted U.S. commercial nuclear reactor, is expected to operate through 2051. Holtec, which acquired the plant in 2022, has…
The Federal Energy Regulatory Commission (FERC) has approved PJM Interconnection’s plan to fast-track interconnection reviews for 50 power generation projects, despite opposition from renewable energy developers. This initiative aims to address potential capacity shortfalls as early as 2026 by bringing 10 GW of power online up to 18 months faster than the normal process. FERC…
